The Financial Intelligence Unit Training (FINTEL) series of programs from ManchesterCF was created for financial intelligence units in both the private and public sectors. Program modules have been designed by financial intelligence professionals drawing on their wealth of experience in the intelligence community and law enforcement.
Course components include a digital textbook, computer-based training and an examination. The courses can be translated into a variety of languages.
The FINTEL (Fundamental AML) training program strengthens staff knowledge by placing a cornerstone of knowledge about AML/ATF in place.
The FINTEL (Economic Sanctions) training program advises participants on the purpose of sanctions, the consequences of non-compliance and methods that can be used to detect and mitigate sanctions risk.
The FINTEL (Corruption) training program examines real-life case studies and looks at prevention tactics to protect financial organisations from the threat of corruption.
Terrorist Financing & Resourcing:
The FINTEL (Terrorist Financing & Resourcing) training program has been developed to assist financial services firms bolster their defences and prevent misuse by people or entities linked to terrorism.
The FINTEL (Critical Thinking) training program has been developed for AML/ATF compliance, corporate security and risk management professionals to strengthen the analytical capabilities of financial investigators.
The FINTEL (Human Trafficking) training program advises participants on suspicious financial patterns that may indicate potential human trafficking through detailed case studies, examples and red flags.
The FINTEL (Report Writing) training program helps participants understand the purpose and uses of reports and offers techniques on how to eliminate extraneous or irrelevant details when reporting.
The FINTEL (Proliferation Financing) training program explores the money laundering techniques used to transfer value between buyers and sellers of WMD components to help FIUs build defences against proliferation financing.
Art & Antiquities:
The FINTEL (Art & Antiquities) training program helps participants understand how the buying and selling of art and antiquities can be exploited by money launderers, PEPs and terrorist financiers.
Front Office Training
The streamlined courses in ManchesterCF’s Front Office Training (FOT) series provide front office employees at international banks with business-specific anti-money laundering and anti-terrorist financing training.
ManchesterCF has streamlined its computer-based training so line-of-business staff can recognise suspicious activity and alert the compliance function. Without this training, suspicious activity may go undetected putting the financial institution at risk.
The FOT series can be implemented with the following components:
- Full digital textbook
- Streamlined computer-based training (customisable and SCORM-compliant)
- Streamlined examination
- Multiple languages
For more information download the FOT series overview sheet.
Trade-Based Money Laundering:
The FOT (Trade-Based Money Laundering) program provides training to front office employees so that the suspicious use of trade finance products and services can be detected and reported.
The FOT (Correspondent Banking) program provides front office staff with red-flag indicators to help spot instances where correspondent banking operations and products are vulnerable to financial crime.
The FOT (Private Banking) program is designed to equip front office employees with an understanding of how private banking products and services can be used by money launderers and financiers of terrorism.
The FOT (Capital Markets) program provides training to front office staff so that they can spot warning signs and help their institutions defend against financial crime in international capital markets. Sample still to come.
The FOT (Corruption) program is designed to equip front office employees with an understanding of the methods individuals use to place, layer and integrate the proceeds of corruption into the global financial system.
The FOT (Economic Sanctions) program is designed to equip front office employees with a general understanding of the purpose of sanctions, the consequences of non-compliance and methods that can be used to detect and mitigate sanctions risk.
ManchesterCF modules are eligible for continuous professional development (CPD) credits from the International Compliance Association.
ManchesterCF training is eligible for CFCS credits from the Association of Certified Financial Crime Specialists.
ACFCS Members can claim 12 CFCS credits per completed course in the Financial Crime Training series or the FINTEL series. Three CPD credits can be claimed after completing each course in the Front Office Training series.
ManchesterCF has developed computer-based training and digital textbooks for international banks and national financial intelligence units, combining them into an online training solution called FIU Connect.
The computer-based training and digital textbooks for four FCT, ten FINTEL and six FOT modules are accessible any time through FIU Connect:
- FCT/FOT (Trade-Based Money Laundering)
- FCT/FOT (Correspondent Banking)
- FCT/FOT (Private Banking)
- FCT/FOT (Capital Markets)
- FINTEL (Fundamental AML)
- FINTEL/FOT (Economic Sanctions)
- FINTEL/FOT (Corruption)
FINTEL (Terrorist Financing & Resourcing)
FINTEL (Critical Thinking)
- FINTEL (Human Trafficking)
- FINTEL (Report Writing)
- FINTEL (Environmental Crime)
- FINTEL (Proliferation Financing)
- FINTEL (Art & Antiquities)
With their own login ID and password, users can access the training materials to deepen their knowledge of AML/ATF compliance. Digital textbooks serve as useful reading and reference guides to staff engaged in financial crime risk management on a daily basis.
FIU Connect materials are kept up-to-date by ManchesterCF. Revisions are highlighted and participants are notified of changes, especially after major regulatory events. FIU Connect is hosted on the same learning management system currently used by major financial institutions and top-tier corporations, therefore information technology security is at the highest level.
Pan-global licences are sold to supervised financial institutions on a subscription basis. The number of licensed users that can log into the client’s FIU Connect portal is unlimited at any one time. Every quarter, ManchesterCF produces a client-specific statistical report that outlines usage rates, pass rates and consumption of materials. This information is useful for FIU management to track employee-training rates and can be submitted to regulatory bodies making enquiries on the level of training within a financial institution’s compliance regime. For large financial institutions, materials can be translated into a variety of languages.
Give FIU staff the training they require – FIU Connect.
How do I get access to FIU Connect?
What can I do in the FIU Connect sample environment?
What are the technical requirements for accessing FIU Connect?
In some cases, users who have restricted access to https sites (such as FIU Connect) may be confronted with a privacy warning when they try to log in. Sites using “https” (as opposed to “http”) employ transport layer security to:
- authenticate the remote computer (eg, coursesites.com);
- prove your identity to the remote computer;
- protect the privacy and integrity of the exchanged data.
The “s” in “https” is often read as http “secure”. One of the requirements of visiting an https site is that your computer must accept the digital security certificate sent from the remote computer in order to establish a secure connection.
If you receive a privacy warning, that means the certificate issued by DigiCert High Assurance CA-3 for coursesites.com is not being accepted on your end. It is possible that your information security team has disabled your ability to import/export certificates and you are advised to consult with them in order to gain access.
ManchesterCF’s FINTEL Online series provides individuals with quick access to FIU Connect modules. Participation in ManchesterCF’s online training programs equips financial-sector and business professionals with the tools necessary to advance their financial intelligence knowledge and truly implement the risk-based approach.